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Property profile & analytics
OFF-MARKET
Small apartment buildings

1670 42Nd St Hialeah, FL 33012

Built 1984
Property ID
US18-2976090
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building located in Hialeah, Florida, at 1670 W 42nd St, 33012. Built in 1984, this two-story, concrete block construction building boasts four fully occupied apartments, each featuring three bedrooms and two bathrooms. Each unit includes central air conditioning, an inside laundry room, an open kitchen, and walk-in closets. Upper units offer open balconies, while lower units provide private, fenced patios. The property includes a private parking lot accommodating six to eight vehicles. Recent improvements include a new roof, and the building has successfully completed its 40-50 year certification. All four units are currently on month-to-month leases, providing flexibility for adjusting rental rates to market value and maximizing income potential. Financing options include FHA, cash, conventional, and VA loans. A 48-hour notice is required for showings to respect tenant privacy. This property represents a strong investment opportunity in a desirable Hialeah location.

Property profile
Verified
Property type Small apartment buildings
Year built 1984
UPID US18-2976090
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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